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| Credit: Nieman Journalism Lab |
At the beginning of this week, the Council on Foundations released a report urging the IRS to rethink their process on giving news organizations tax-exempt status.
Currently, for a news organization to be considered nonprofit, it has to distribute content differently than a traditional media outlet. The report states the way news and media have evolved now make it difficult for a nonprofit news organization to distinguish itself from traditional media outlets.
